Find all School-related info fast with the new School-Specific MBA Forum

It is currently 23 Nov 2014, 18:58

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

The total of Company C's assets in 1994 was 300% greater

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Senior Manager
Senior Manager
avatar
Joined: 23 May 2005
Posts: 266
Location: Sing/ HK
Followers: 1

Kudos [?]: 15 [0], given: 0

The total of Company C's assets in 1994 was 300% greater [#permalink] New post 11 Nov 2006, 23:22
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
The total of Company C's assets in 1994 was 300% greater than the total in 1993, which in turn was 400 percent greater than the total in 1992. If the total of Company C's assets in 1992 was N dollars, which of the following represents the total of Company C's assets, in dollars, in 1994?

7n
8n
9n
12n
20n

I get an answer of 12n for this.

1994 = 3(1993)
1993 = 4(1992)
1992 = N

I come out with 12n. OA is 20n
_________________

Impossible is nothing

Manager
Manager
User avatar
Joined: 03 Nov 2006
Posts: 161
Followers: 2

Kudos [?]: 3 [0], given: 0

 [#permalink] New post 12 Nov 2006, 02:07
300% greater means 4x
400% greater means 5x

For example, 200 is 100% greater than 100, ie it is double
GMAT Club Legend
GMAT Club Legend
avatar
Joined: 15 Dec 2003
Posts: 4315
Followers: 24

Kudos [?]: 181 [0], given: 0

 [#permalink] New post 12 Nov 2006, 03:44
20n is the answer.

Do not get fooled by the wording. If it said 1993 were 400% of 1992, 1992 being n, then 1993 would be 4n. However, it says 1993 were 400% greater than 1992 so 1993 would be 5n. The rest is history.
_________________

Best Regards,

Paul

Senior Manager
Senior Manager
avatar
Joined: 23 May 2005
Posts: 266
Location: Sing/ HK
Followers: 1

Kudos [?]: 15 [0], given: 0

 [#permalink] New post 12 Nov 2006, 08:10
Thanks guys. I didn't even notice that! Thanks for pointing it out.
_________________

Impossible is nothing

Director
Director
avatar
Joined: 11 Sep 2006
Posts: 514
Followers: 2

Kudos [?]: 35 [0], given: 0

 [#permalink] New post 14 Nov 2006, 09:36
Per the question, if company assets are 100 in 92, they are 500 in 93 (400% of 100, plus the original 100) and 2000 in 94 (300% of 500, plus the original 500).
_________________

...there ain't no such thing as a free lunch...

  [#permalink] 14 Nov 2006, 09:36
    Similar topics Author Replies Last post
Similar
Topics:
3 Experts publish their posts in the topic The total of company C's assets in 1994 was 300% greater tha Parisa1362 8 23 Jan 2010, 17:22
Experts publish their posts in the topic The total of company C's assets in 1994 was 300% greater tha CasperMonday 4 03 Sep 2009, 03:02
1 The total of Company C's assets in 1994 was 300% greater sarzan 5 02 Oct 2008, 14:00
The total of company C's assets in 1994 was 300% greater A.Haung 1 08 Sep 2007, 10:33
The total of company c's assets in 1994 was 300% greater kuristar 5 10 Jun 2006, 14:51
Display posts from previous: Sort by

The total of Company C's assets in 1994 was 300% greater

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.